'
GMM Pfaudler hosted a conference
call on Nov 7, 2024. In the conference call the company was represented by
Tarak Patel, Managing Director.
Key takeaways of the call
Order Intake in Q2FY25 and H1FY25
was Rs 762 crore (up 1%YoY, down14% QoQ ) and Rs 1644 crore (up 18%YoY).
Happy with order intake in Q2FY25. And there will be time delay with some shift
in order finalization in one quarter to another quarter leading to sequential
up and down in order intake trend. But the company is able to bag the orders it
targeted. India GLE order improved in
Q2FY25.
Order Backlog as end of Sep 2024
stands at Rs 1,773 crore, a growth of 4%YoY and a marginal fall of
0.2%QoQ.
Opportunity pipeline remains
stable across geographies, product mix continues to evolve
Margin is bit under pressure but
the company expects to maintain FY24 margin levels in FY25.
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